June 25, 2022

Pkrevenue.com

Pakistan Revenue

Tag: mobile phones

Xiaomi joins hands with SELECT for phone production xiomi
Nov 1
IT & Telecom

Xiaomi joins hands with SELECT for phone production

KARACHI: Xiaomi, a global consumer electronics and smartphone giant, has decided to manufacture mobile phones in Pakistan. In this connection, Xiaomi has joined hands with Select Technologies (Pvt) Limited (SELECT), a wholly-owned subsidiary of Air Link Communication Limited (AIRLINK), as its manufacturing partner for Xiaomi mobile phones in Pakistan. “We are targeting a production of […]

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Tax rates on usage of phone, internet for 2021-2022
Aug 27
IT & Telecom, Taxation

Tax rates on usage of phone, internet for 2021-2022

Federal Board of Revenue (FBR) has updated rates of withholding tax on usage of telephone and internet to be applicable for the year 2021-2022. The revenue body issued the withholding tax rates after incorporating amendments brought into the Income Tax Ordinance, 2001 through Finance Act, 2021. The FBR collects withholding tax on usage of phone […]

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Pakistan produces 12.27mn mobile phones in 7 months
Aug 27
IT & Telecom

Pakistan produces 12.27mn mobile phones in 7 months

ISLAMABAD: The number of locally manufactured mobile phones in Pakistan has surpassed 12 million during seven months (January – July) of 2021. The local manufacturing of mobile phones has crossed the number of imported mobile phones in the same months of 2021. A statement issued by the Pakistan Telecommunication Authority (PTA) on Thursday regarding local […]

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Pakistan exports mobile phones to UAE
Aug 15
IT & Telecom

Pakistan exports mobile phones to UAE

ISLAMABAD: A consignment of around 5,500 mobile phones carrying tag ‘manufactured in Pakistan’ has been exported the United Arab Emirates (UAE), a statement said. The statement issued by the Pakistan Telecommunication Authority (PTA) said that its authorization holder Inovi Telecom has started exporting smart phones to other countries. The first consignment of 5500 units of […]

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New rates of regulatory duty on imported smart phones
Jul 3
Taxation

New rates of regulatory duty on imported smart phones

ISLAMABAD: Federal Board of Revenue (FBR) has notified new rates of regulatory duty to be imposed on imported mobile phones during. The FBR issued SRO 840(I)/2021 dated June 30, 2021 to notify regulatory duty on 599 tariff lines. Following are the rates of regulatory duty on mobile phone with effect from July 01, 2021: HS […]

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FBR to refund excess duty, taxes on mobile phone clearance
May 21
Taxation

FBR to refund excess duty, taxes on mobile phone clearance

ISLAMABAD: Federal Board of Revenue (FBR) on Friday said that it will refund excess duty and taxes collected on mobile phone clearance due to glitches found in the WeBOC. The FBR issued an explanation over excess payment of duty and taxes at the time of clearance of mobile phones. The FBR said that recently, in […]

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Country spends Rs248bn on mobile phones import
Apr 17
IT & Telecom

Country spends Rs248bn on mobile phones import

ISLAMABAD: Pakistan has imported mobile phones worth Rs248 billion during first nine months (July – March) of 2020/2021 owing to rise in demand of devices for digital financial system. According to data released by Pakistan Bureau of Statistics (PBS) on Saturday, the country imported mobile phones worth 248 billion during July – March 2020/2021 as […]

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